INITIO CORP. ACQUIRES CONNECTCOM'S SCSI, FIREWIRE ASSETS Adding Complementary I/O Product Line Expands Initio's Worldwide OEM, Distribution Presence

         SAN JOSE, Calif. ­ June 18, 2001 -- Initio Corp., a leading maker of input/output (I/O) solutions for computers and peripherals, today announced that it has acquired the Small Computer System Interface (SCSI) and 1394 "FireWire" product lines of privately held ConnectCom Solutions, Inc. (formerly AdvanSys Corp.).  Financial terms were not disclosed.
         With the acquisition of these key SCSI and FireWire assets, Initio is expanding its business through a significantly broader product line, a doubling of revenues and employee growth of nearly 25 percent.  Additionally, the acquisition extends Initio's worldwide customer base, which now features such industry leaders as Hewlett-Packard, NEC, Polaroid, QPS and SGI, as well as distribution in Europe.
             Initio will assume all assets of ConnectCom's AdvanSys product division -- SCSI and FireWire host bus adapters and related software -- resulting in an unprecedented array of I/O solutions.  These host-side products complement Initio's silicon- and board-level SCSI and FireWire products designed into computer systems and peripherals to speed data flow in networking, digital video and other I/O-intensive applications.
             "Initio and ConnectCom each have grown to become highly respected innovators of I/O products for computer-system makers, peripheral manufacturers and resellers worldwide," said Kenneth Wu, CEO at Initio.  "By joining the two companies' complimentary SCSI and FireWire product lines, customers and distribution partners, we're creating a seamless blend of technology, as well as a single source of advanced I/O solutions for a wide array of applications."
         Advansys Corp., based in San Jose, Calif., was founded in 1993 to provide original equipment manufacturers (OEMs), resellers, system integrators and end users with superior connectivity that crosses all industry standards and platforms.  The company was renamed ConnectCom Solutions in early 2000.
         Initio Corp. (www.initio.com) is a privately held maker of input/output solutions for the information-technology industry.  Founded in 1994, Initio is based in San Jose, Calif.

Initio is a trademark of Initio Corporation, which may be registered in some jurisdictions.   All other trademarks are the property of their respective holders.

Editorial contact:
Jerry Steach
CommonGround Communications (for Initio Corp.)
650.967.3071
jsteach@pacbell.net

 

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